• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Radisson discovers multiple high-grade Gold intersects over 200 metres along strike in the Vintage Zone, including 15 g/t Au over 1.5 m and 13.7 g/t Au over 1.5 m

    Investing News Network
    Oct. 03, 2017 08:46AM PST
    Precious Metals

    Radisson Mining Resources Inc. (TSX VENTURE:RDS)(OTC:RMRDF) (“Radisson” or the “Company”) is pleased to announce the first set of results from the exploration drill program completed as part of the ongoing 20,000 metres drill program at the Company’s O’Brien gold project. The project is located along the Larder-Lake-Cadillac (“L-L-C”) fault halfway between Rouyn-Noranda and Val-d’Or, two …

    Radisson Mining Resources Inc. (TSX VENTURE:RDS)(OTC:RMRDF) (“Radisson” or the “Company”) is pleased to announce the first set of results from the exploration drill program completed as part of the ongoing 20,000 metres drill program at the Company’s O’Brien gold project. The project is located along the Larder-Lake-Cadillac (“L-L-C”) fault halfway between Rouyn-Noranda and Val-d’Or, two renowned mining towns in the province of Quebec, Canada. First four exploration drill holes completed in the Vintage Zone have intersected multiple high-grade gold zones hosted by a sub vertical shear vein system. The structure has been traced by drilling on over 200 metres strike length from East to West and is open in all directions.
    The 5,190 metres exploration drill program completed during the summer focused on high-priority exploration targets defined outside current resources of the O’Brien gold project. Current results are from four drill holes completed north of the L-L-C in the Vintage Zone. Results are pending for 6 holes totalling 3,506 metres.
    Mario Bouchard, President and CEO commented: “The results from these exploration drill holes completed in the Vintage Zone are highlighting the strong exploration potential north of the Larder-Lake-Cadillac fault on the O’Brien project. To put the significance of these results in context, one should remember that the bulk of current resources are located a few metres south of the L-L-C, in the Piche volcanic group. The data compilation of the few exploration work historically conducted on the Vintage Zone allowed Radisson to identify several high-priority exploration targets in this area of the O’Brien gold project. The fact that the company was able to identify gold mineralization over 200 metres strike length with only four drill holes speaks by itself. The current results in addition to historical information helps to demonstrate the continuity and the favourable geometry of the Vintage Zone. All intercepts remain open laterally and at depth.”
    Table 1 Drilling results summary on the Vintage Zone
    HoleFromToLengthGradeInterpreted zone
    (m)(m)(m)Au
    OB-17-42261.8263.31.513.7CADILLAC CONGLOMERATE*VG
    Including262.3262.80.540.9CADILLAC CONGLOMERATE*VG
    OB-17-42299.5300.00.56.5CADILLAC WACKE*VG
    OB-17-42371.6372.10.50.2CADILLAC WACKE*VG
    OB-17-43304.0305.51.57.5CADILLAC WACKE
    Including304.5305.00.521.2CADILLAC WACKE*VG
    OB-17-43351.3352.81.515.0CADILLAC WACKE
    Including351.8352.30.544.8CADILLAC WACKE*VG
    OB-17-43360.2361.71.53.7CADILLAC WACKE
    OB-17-45239.1240.61.58.6CADILLAC WACKE
    OB-17-45250.0250.50.55.8CADILLAC WACKE*VG
    OB-17-45255.3255.80.58.2CADILLAC WACKE
    OB-17-45257.5258.20.74.1CADILLAC WACKE
    OB-17-47168.3169.51.24.3CADILLAC WACKE

    *VG; Denotes presence of visible gold
    Note; Results are presented as down hole width; true width are estimated between 55 to 70% of down hole thickness.
    Vintage zone exploration program
    The Vintage zone is a parallel zone of the O’Brien project located approximately 85 metres north of the L-L-C fault in the Cadillac Group of meta-sediments comprising sequence of polymictic conglomerate, banded iron formation (BIF) and grauwacke. In comparison, current resources of 36E and Kewagama zones are located in the Piche Group, south of the L-L-C fault. The Vintage zone saw small historical exploration programs, which were never followed upon. The company established several high-priority exploration drill targets through historical data compilation in this area of the O’Brien gold project. The first four drill holes that tested these targets were completed over a strike length of 200 metres. The new info added to the few available historical information helps to demonstrate the continuity and the favourable geometry of the Vintage zone. All intercepts remain open in all direction.
    All drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at Swastika Laboratories Ltd, in Swastika, Ontario. Samples yielding a grade higher than 5 g/t were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Samples containing visible gold were analyzed with metallic sieve procedure. Standard reference materials and blank samples were inserted prior to shipment for quality assurance and quality control (QA/QC) program.
    Qualified Person
    Tony Brisson, P. Geo, independent consultant, acts as a Qualified Person as defined in National Instrument 43-101 and has reviewed and approved the technical information in this press release.
    About Radisson Mining Resources Inc.

    Radisson is a Quebec-based mineral exploration company. The O’Brien project, cut by the regional Larder-Lake-Cadillac Fault, is Radisson’s flagship asset. The project hosts the former O’Brien Mine, considered to have been the Abitibi Greenstone Belt’s highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926 to 1957; InnovExplo, April 2015).
    For more information on Radisson, visit our website at www.radissonmining.com.
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
    Forward-Looking Statements: This press release may contain certain forward-looking information. All statements included herein, including the scheduled Closing date, but other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in Radisson’s disclosure documents on the SEDAR website at www.sedar.com.
    To view the photo associated with this press release, please visit the following link: https://media3.marketwire.com/docs/1103061_Fig1.jpg

    Radisson Mining Resources Inc.
    Hubert Parent-Bouchard
    Corporate Development
    819-763-9969
    hpbouchard@radissonmining.com
    www.radissonmining.com
    canadagold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Sitka Gold (TSXV:SIG)

    Sitka Intersects Multiple Occurrences of Visible Gold from near Surface in Initial Six Diamond Drill Holes Completed at the Contact Zone, RC Gold Project, Yukon

    Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment

    Radisson Files Technical Report for O'Brien Gold Project Preliminary Economic Assessment

    Latest News

    Alice Queen: Exploring High-grade Epithermal Gold with Near-term Production Potential

    Heritage Survey to Pave the Way for Drilling

    Alice River Gold Project Drilling Update

    Positive Results Define Blue Heeler Target

    SAM Results Support Upcoming RC and Diamond Drilling

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Horizon Minerals

    HRZ:AU

    Alice Queen

    AQX:AU

    Pinnacle Silver and Gold

    PINN:CC

    1911 Gold

    AUMB:CC

    Kobo Resources

    KRI:CC

    Brunswick Exploration

    BRW:TCM
    Brunswick Exploration Logo
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×